FORT WAYNE, Ind. - (05/10/05) A man wanted in connection withbomb explosions at two Fort Wayne credit unions in 1991 wasarrested here Friday. Thomas Hansen, 45, was charged with twocounts of arson for exploding two pipe bombs at Midwest America FCUand Indiana Postal and FCU, which were both used to divert policewhile he robbed a nearby Meijer department store. Hansen confessedto the bombings and the robbery and told police he used the moneyto pay off debts. No one was injured in the bombings, which caused$5,000 worth of damages at Midwest American FCU and $8,000 ofdamages at Indiana Postal and FCU.
-
Backed by tech billionaires, the crypto-focused digital startup bank's timely application reflects the current administration's openness to new tech-driven banking models — and raises concerns about regulatory impartiality, considering its backers' political ties.
July 2 -
The application follows on the heels of Circle and Wise, as crypto and payment companies seek crypto custody approval and direct access to the Federal Reserve payment system.
July 2 -
The credit union regulator, responding to a recent executive order, has established strict new standards for prosecuting financial crimes. Regulators are now supposed to make criminal referrals only in cases where putative defendants appear to have known they were breaking the law.
July 2 -
Three bank trade associations recommended phasing out paper checks to reduce government payment fraud in a joint statement submitted to the U.S. Treasury.
July 2 -
Baton Rouge-based Investar Holding Corp. has agreed to pay $84 million for Wichita Falls Bancshares, which operates five branches in the Dallas-Fort Worth Metroplex.
July 2 -
A federal judge in New York has rejected Huawei's effort to toss charges alleging bank fraud, sanctions violations and trade secrets theft.
July 2